No sale here

An 8K filing reveals that Dreamworks Animation (NASDAQ:DWA) co-founder David Geffen and two entities controlled by him converted all of their Class B stock in the company to Class A stock. According to the filing, “All of the shares of Class B Common Stock, which represent approximately 61% of the Company’s total voting power, are held by Jeffrey Katzenberg and entities controlled by him,” as a result of the conversion.

Maybe so, but doubt it. Mr. Spielberg is a voting holder also, so he would need to concure.
Don't think they could buy back the stock, so it would have to be a sale and that's not
a clear thing to do with the JV thing lurking and 400M in debt.
They're expanding now, too much going on to mess with that subject. But still the
question as to why Katz wanted that much control, I think defense, probably for China.

Yahoo! Finance Worldwide

Quotes are real-time for NASDAQ, NYSE, and NYSEAmex when available. See also delay times for other exchanges. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.